The resolutions plan are measures to be taken when the resolution threshold is met.
The resolution authority prepares resolution plans.
Resolution plans includes:
-A detailed plan,
-details about latest resolution,
-ensure continuity upon failure,
-detailed schedule of the plan,
-description of assessement of resolvability,
-description of impediments to resolvability,
– description of resolution funding,
– description of Central bank liquidity assistance,
– a description of preserving access to payment and clearing services,
-impact of plan on employee and institution,
-plan of communication with media,
-actions to ensure functionning of the insitutions operations.
